Damen to Deliver Three Patrol Vessels for South Africa
Damen Shipyards Cape Town (DSCT) said it has received an order from Armscor – the acquisition agency for the South African Department of Defense – for three Inshore Patrol Vessels (IPV), 62 x 11 meters. The new vessels – the first of a Damen Sea Axe design to operate in South Africa – will form part of the South African Navy’s Project Biro. The project aims to develop South Africa’s maritime security…
Baltic Index Nears One-Month High
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, on Monday firmed to its highest in nearly a month on the back…
Vessel Docks at Maryland Cove Point LNG Terminal
Gemmata could be the first vessel to pick up fuel from the facility since the tanker came from Spain - a non-LNG exporting country - with less than a full cargo, according to the shipping data.
Disabled Bulker Towed to Seattle after Engine Room Blast
Main diesel engine components malfunctioned on board a 653-foot bulk carrier and caused a localized explosion, Thursday, about 120 miles west of the Columbia River entrance. According to the U.S.
Shell: LNG Supply Shortage Possible as Demand Surges
The global liquefied natural gas (LNG) market has continued to defy expectations of many market observers, with demand growing by 29 million tonnes to 293 million tonnes in 2017…
Massachusetts Maritime Academy Launches Third Master's Degree
MMA Launches Third Graduate Degree, M.S. Maritime Business Management. The Massachusetts Maritime Academy has announced the launch of their third Graduate Degree…
All American Marine Wins Kitsap Ferry Contract
Kitsap Transit Approves $15 Million Contract for Two All American Marine High Speed Low Wake Ferries. Kitsap Transit’s board recently approved a $15 million contract with All American Marine, Inc.
NYK's Diagnostic Tool to Prevent Machinery Failure
NYK and MTI Co. Ltd. have jointly developed a diagnostic tool that records, visualizes, and analyzes the operational sounds of a vessel’s engine plant. The tool…
Nigeria to Automate Shipping Processes
The Federal Government of Nigeria is set to automate all shipping related administrative processes in order to reduce subjectivity and corruption, thereby promoting…
USNS Burlington (EPF 10) Christened
Austal celebrated the christening of Expeditionary Fast Transport (EPF) the future USNS Burlington (EPF 10) with a ceremony at its state-of-the-art shipbuilding facility this morning.
Norsea, Wilhelmsen Bag Offshore Wind Deal
NSG Wind and Wilhelmsen Ship Management have together won a five year frame agreement with TenneT, a leading European electricity transmission system operator. NSG…
Body of missing person from racing yacht located
The body of the missing crew member was located by the Department of Fire and Emergency Services (DFES) Dauphin helicopter at 12.30 pm AWST yesterday, and recovered by Fremantle Water Police.
UAE to the Rescue of DP World’s Container Terminal in Djibouti
The United Arab Emirates (UAE) condemned Djibouti’s cancellation of DP World’s contract to run the Doraleh Container Terminal, calling it an “arbitrary” flouting of a signed agreement…
UK P&I Club Focus on Financial Stability
The UK P&I Club, a leading provider of P&I insurance and other services to the international shipping community, emerges from the renewal to start the new policy…
Nakilat Posts 2017 Profit of $233
Qatar-based Nakilat (Qatar Gas Transport Company) has announced its financial results for the year ended December 31, 2017, with a net profit of QR 847 million (about USD 233 million).
Otto Marine Seeks Insolvency Protection
Singapore-based offshore shipbuilder Otto Marine is seeking insolvency protection from the High Court in a bid to salvage the company and stave off liquidation.
Mediterranean Shipping Company Cleans Up Durban Cargo Spill
When a freak storm hit the Port of Durban on 10 October 2017, two cargo containers holding plastic nurdles were dislodged from the deck of an MSC Mediterranean Shipping…
Rubio Named CFO of GulfMark Offshore
GulfMark Offshore announced that Samuel "Sam" R. Rubio will be promoted to the position of Chief Financial Officer upon completion of the filing of the company’s Form 10-K.
StealthGas Back to Black in 4Q
Liquefied petroleum gas (LPG) carrier and tanker owner StealthGas has reported revenues of $38.4 mill in the fourth quarter of last year, an increase of 2.4% compared to 4Q16.
SeaBird Exploration Bags Contract in West Africa
Cyprus-based provider of marine 2D and 3D seismic data and associated products and services to the oil and gas industry, SeaBird Exploration has signed an agreement…
